Existing Guaranties Clause Samples

Existing Guaranties. Upon the effectiveness of this Guaranty, each of (i) the Guaranty, dated as of October 16, 2013, in connection with the Existing Revolver Agreement, and (ii) the Guaranty, dated as of October 16, 2013, in connection with the Existing Term Loan Agreement, are terminated and superseded by this Guaranty, except for any obligations with respect to the waiver of jury trial contained in Section 17 of each of such Guaranties that expressly survive the termination thereof.

Existing Guaranties. The Administrative Agent and all Lenders hereby agree that any and all Subsidiary Guaranties executed and delivered under the 2004 Agreement (or any predecessor agreement, including without limitation, the 1998 Agreement and the 2002 Agreement) and in effect on the Closing Date are hereby terminated and of no further force or effect as of the Closing Date. Without limiting the effectiveness of the foregoing termination, the Administrative Agent shall return all such Subsidiary Guaranties to the Borrower marked “terminated” or “canceled”.

Existing Guaranties. Sapient has issued standing letters of credit related to leased real estate in the amount of approximately $3.6 million, which have been issued by the Bank. Further, Sapient has, in a limited number of circumstances, guaranteed the debts of certain non-officer employees, related to certain debts. These guarantees are not material to the business operations of the company, and are further guaranteed by future employee bonus payments and stock options exercises. The company has also entered into certain guarantees in the form of performance bonds related to HWT, Inc. which relate to services contracts entered into between HWT and certain state government entities. These performance bonds can be executed by these state agencies in the case of non performance of duties, which would ultimately result in a financial settlement with Sapient Corporation. The maximum amount represented by these performance bonds is $1.3 million. Sapient has also guaranteed certain customer contracts and leases of its subsidiaries in the ordinary course of business, the amounts of which are not material individually or in the aggregate.

Existing Guaranties. This Guaranty amends, restates and consolidates the Guaranties dated as of December 28, 1990 and June 30, 1992, each as amended, by the Guarantor in favor of HRP.

Existing Guaranties. No Subsidiary, and no entity that would constitute a Subsidiary but for its being organized under the laws of the jurisdiction outside the United States of America, has executed and delivered an Existing Guaranty except Subsidiaries that have executed and delivered Guaranties to the Holders of the Notes.

Existing Guaranties. See Exhibit 6.2.5 hereto.

Existing Guaranties. Item 5.1(m) Permitted 50% stockholders JURISDICTIONS QUALIFIED; SUBSIDIARIES The Company is duly qualified to do business as a foreign corporation and is in good standing in the State of Connecticut, New Jersey and Massachusetts and in every other jurisdiction in which the failure to so qualify would have a material or adverse effect on the operations or financial condition of the Company. LIST OF STOCKHOLDERS Number of Number of Shares of Shares of Number of Series A Series B Common Preferred Preferred Name Shares Stock Stock Series C ---- ------ ----- ----- -------- Both▇, ▇▇▇▇▇▇, ▇. 1,455,000 --- --- --- Chen▇, ▇▇▇▇▇▇▇▇, ▇. 1,020,000 --- --- --- Sche▇▇▇, ▇▇▇▇▇, ▇. 1,566,666 --- --- --- Kett▇▇▇▇, ▇▇▇▇▇ 226,500* --- --- --- Menlo Ventures VI, L.P. 32,868 1,724,138 88,889 914,066 Menlo Entrepreneurs Fund 493 25,862 13,333 13,711 VI, L.P. ▇▇▇▇▇▇ ▇▇▇ital Fund III 16,434 862,069 444,445 457,269 Limited Partnership McMa▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ 150,000 172,414 --- --- Tien, ▇▇▇▇ 316,500 --- --- --- Reis▇▇▇▇▇▇, ▇▇▇▇▇, ▇. 4,500 --- --- --- von ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ 37,500 --- --- --- Seif▇▇▇▇, ▇▇▇▇▇ 37,500 --- --- --- Mitc▇▇▇▇, ▇▇▇▇▇▇ 76,667 --- --- --- Onga▇▇, ▇▇▇▇▇▇ ▇. 20,000 --- --- --- Pavl▇▇, ▇▇▇▇ ▇. 5,000 --- --- --- Homestead, Ltd. 30,000 --- --- --- Shir▇▇▇▇, ▇▇▇▇▇▇▇ 1,000 --- --- --- Pazd▇▇▇▇▇▇, ▇▇▇▇▇▇▇ 500 --- --- --- Wilk▇▇▇▇▇, ▇▇▇▇▇▇ 20,000 --- --- --- Gree▇-▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ 150 --- --- --- -33- 34 Morg▇▇, ▇▇▇▇▇ ▇. 30,000 --- --- --- Klei▇▇▇▇▇, ▇▇▇▇▇▇▇ 200 --- --- --- Sawy▇▇, ▇▇▇ ▇. 20,000 --- --- --- Comdisco, Inc. --- --- 125,000 --- Furm▇▇ ▇▇▇▇ ▇▇▇C, L.P. --- --- --- 2,984,848 Amerindo Technology 200,000 --- --- --- Growth Fund II, Inc. Litt▇▇ ▇▇▇ter Trust 500,000 --- --- --- Board of Pension 300,000 --- --- --- Commissioners of City of Los Angeles Hamb▇▇▇▇▇ & ▇uis▇ ▇▇▇xi 1,000,000 --- --- --- Investors, L.P. ▇▇▇▇▇▇▇, ▇▇hn ▇. ▇▇▇ Patr▇▇▇▇ ▇. 220,000 --- --- --- Eber▇▇ ▇▇▇g▇▇, ▇▇▇▇▇ 10,000 --- --- --- Barl▇▇▇, ▇▇▇▇▇ ▇. 100,000 --- --- --- Lau, ▇.H. 166,670 --- --- --- Quin▇, ▇▇▇▇▇▇▇, ▇. --- --- --- 45,455 Dock▇▇▇, ▇▇▇▇▇▇▇ ▇. 10,000 --- --- --- Murn▇▇, ▇▇▇▇▇▇ 1,000 --- --- --- Audi▇▇▇▇, ▇▇▇▇▇ ▇. 180 --- --- --- Land▇, ▇▇▇▇ 12,500 --- --- --- Ingl▇▇▇, ▇▇▇▇▇▇ 1,500 --- --- --- JAFCO JS-2 Investment 28,520 --- --- --- Enterprise Partnership JAFCO R-2 Investment 24,813 --- --- --- Enterprise Partnership Japan Associated Finance Co., 13,334 --- --- --- Ltd. -34- 35 U.S. Information Technology 266,666 --- --- --- Investment Enterprise Partnership Will▇▇▇ ▇▇▇▇▇ ▇▇▇ital ...

Existing Guaranties. The guaranties that are existing on the date of this agreement (other than in respect of the Debt under the Refinanced Credit Agreement and other Debt that is being refinanced by Borrowings) and all renewals, extensions, amendments, modifications, and refinancings of (but not any principal increases after the date of this agreement to) any of that Debt.

Existing Guaranties. Item 4.5 Existing Loans